Nevada Organic Phosphate Inc. has entered into two consultant agreements to advance development of its Murdock Property in Nevada and manage media relations. The company announced a 10-month consultant agreement effective March 1, 2026, with an independent consultant to provide services related to development of the Murdock Property and engagement with local governing bodies. Under this agreement, the company will issue an aggregate of 1,000,000 common shares at a deemed price of $0.125 per share and pay US$5,000 per month to the consultant under a related statement of work.
The company also entered into a one-year consulting agreement with Integrity Media Inc., led by President Kurt Divich, to serve as manager of media relations. For this agreement, Nevada Organic Phosphate will issue 500,000 common shares at a deemed price of $0.125 per share. All shares will be issued under the prospectus exemption in Section 2.24 of National Instrument 45-106 and will be subject to a hold period of four months and one day from the date of issuance.
These agreements represent strategic moves by Nevada Organic Phosphate to advance its flagship project while managing public communications. The Murdock Property contains what the company describes as the only known large-scale organic sedimentary phosphate project in North America. The property features an organic sedimentary raw rock phosphate bed that is 6.6 kilometres long, with additional applications extending the potential strike of rock phosphate to over 30 kilometres.
The location of the Murdock Property provides logistical advantages, situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California. This strategic positioning could facilitate transportation and development of the resource if exploration and development proceed successfully. The company maintains its newsroom at https://ibn.fm/NOP where investors can access the latest updates and information.
The consultant agreements signal Nevada Organic Phosphate's commitment to advancing the Murdock Property through specialized expertise while maintaining transparent communication with stakeholders. By compensating consultants with shares rather than solely cash payments, the company aligns their interests with long-term shareholder value. The development of North America's only known large-scale organic sedimentary phosphate project could have implications for domestic phosphate supply, particularly given the property's substantial scale and strategic location.
